Can Fin Homes is currently trading at Rs. 400.95, up by 0.55 points or 0.14% from its previous closing of Rs. 400.40 on the BSE.
The scrip opened at Rs. 403.50 and has touched a high and low of Rs. 407.35 and Rs. 399.05 respectively. So far 23453 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 519.00 on 12-Feb-2020 and a 52 week low of Rs. 253.55 on 03-Apr-2020.
Last one week high and low of the scrip stood at Rs. 407.35 and Rs. 356.45 respectively. The current market cap of the company is Rs. 5342.14 crore.
The promoters holding in the company stood at 29.99%, while Institutions and Non-Institutions held 13.21% and 56.80% respectively.
Can Fin Homes’ board has approved proposal to issue bonds up to an amount not exceeding Rs 4,000 crore. The bonds to be issued in the nature of Tier II non-convertible debentures (NCDs) can be placed onshore or offshore, denominated in Indian rupee or any foreign currency.
The board also approved further issue of shares/specified securities through rights/qualified institutions placement and/or preferential allotment basis or any other mode for an amount not exceeding Rs 1,000 crore. The Board of Directors of the company at their meeting held on July 23, 2020 has approved the same.
Can Fin Homes is a Housing Finance Company. The company offers finance for construction of a house, loan for the purchase of a flat or house, finance for the acquisition of a plot and construction of a house on the same.